Well it might have been helpful to have a report on the fund manager's briefing even if all it said was that it went well and will be posted on the company's website. There will definitely be a progress report out on Monday as promised last Monday.
The re-entry is apparently progressing at a better than anticipated pace. They have to drill out the cement plugs, gamma ray the well to ensure the integrity of the casing and the cement job then perforate and frac the well again. Once the well has been cleaned out and provided the contractors on site are doing it all, shouldn't take too long to confirm the presence of oil or otherwise.
Should be interesting Monday
next news monday
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